216 Main Street Conneaut, OH 44030

Commercial - Commercial MLS 4154202
Active $599,900
Presented by Kim Henderson REALTOR®
330-323-3970

Contact Kim About This Property

Listing Description

Completely remodeled from top to bottom with excellent rental income. There are 4 commercial units with long term leases with rent increases built into the lease. Each unit pays their own electric. The owner pays for heat and water/sewer. Annual income is approx. $70,000 less the utilities paid by the seller. There is street parking plus a paved parking lot adjacent to the property. This is a well-maintained property and is a great investment opportunity for someone. There is a 20 X 30 storage unit that could be converted to another rental unit. The basement is built as a bomb shelter and the walls are 3' to 6' wide. This is also a great place for storage. The alley in the back of the building is used for access for this building and Dollar General which is shared by both parties. The tenants are long term leases. Proof of funds prior to any showings. Seller will provide copies of leases and financials on the property subject to an accepted offer.
Property Details
Property Type
Commercial
MLS
4154202
Subdivision
Conneaut
Days on Market
37
Year Built
1940
Taxes
$3,306 /yearly
Lot Size (Acres)
0.15
School District
CONNEAUT AREA CITY SCHOOLS
Water

Public
Sewer

Public Sewer
Interior
Basement
Yes
Cooling

Central Air
Heating

Forced Air
Gas
Fuel Type

Gas
Exterior
Fence Type

Brick
Roof Type

Rubber

Listing By Lois M Blank / 440.265.0820

Listing courtesy of BHHS Professional Realty / 440.998.4663

MLS Service

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